Intraday Market Thoughts

Our Latest on Libor Spreads, ECB's Shift & Germany's Upcoming Contraction

by Ashraf Laidi
Sep 22, 2011 2:26

Wednesday's Operation Twist by the Fed confirms US monetary policy will be inadequately dovish to boost EURUSD and weigh on USD. More EURUSD losses to come. Meanwhile, the ECB will continue shifting to lower gear as GERMANY halts. Here are the charts & analysis:


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